Describe various theoretical approaches to groups and their relevance in the present day context. Explain how group processes help as a function of interaction. Give examples.

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Various theoretical approaches to groups have been proposed in social psychology and organizational behavior, each offering unique perspectives on how individuals behave and interact within groups. These approaches are relevant in the present-day context as they help us understand the dynamics of groups in various settings, such as workplaces, social circles, and online communities. Let's describe some of these theoretical approaches and explore their relevance in contemporary times, along with how group processes function through interaction:

1. Social Identity Theory:
Social identity theory, developed by Henri Tajfel and John Turner, focuses on how individuals define their self-concept based on group memberships. It posits that people categorize themselves and others into different social groups and derive a sense of self-esteem and identity from these group memberships. In modern contexts, social identity theory is relevant for understanding group polarization and intergroup conflicts in social media and online communities. For example, people on social media platforms often form strong group identities based on shared beliefs or ideologies, leading to the reinforcement of their views and the creation of echo chambers.

2. Social Exchange Theory:
Social exchange theory suggests that individuals engage in relationships and groups based on a cost-benefit analysis. People are motivated to maximize rewards and minimize costs in their interactions. In contemporary settings, this theory is relevant for understanding the dynamics of virtual teams in remote work environments. Virtual team members may carefully assess the benefits and costs _____________ ___________ ___ ___________ __________ ____ ___ __.
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Degree : MASTER DEGREE PROGRAMMES
Course Name : Master in Business Administration
Course Code : MBA
Subject Name : Organisational Dynamics
Subject Code : MS 26
Year : 2023